SOLUTION: Scott imports a car from Japan for $18 800 and then sells it for $39 480. How much percentage gain has he made on his investment?

Question 1175664: Scott imports a car from Japan for $18 800 and then sells it for $39 480. How much percentage gain has he made on his investment?
Found 2 solutions by ikleyn, Edwin McCravy:
Answer by ikleyn(52930)   (Show Source): You can put this solution on YOUR website!
.

= 110%. ANSWER Take the difference; relate it to the base value and multiply the ratio by 100 to get percentage.

Solved.

M E M O R I Z E   this calculation mantra for percentage gain on an investment.

Answer by Edwin McCravy(20066)   (Show Source): You can put this solution on YOUR website!

Maybe you can memorize it this way: where Edwin

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